Here is what is happening in the Wheatfield Single Family Home Market:
- There are 85 Active Listings in Wheatfield at this time, and 1 pending listing
- The average list price of a home for sale in Wheatfield is $202,843 (Highest – $679,000 Lowest – 80,000)
- There were 6 closed sales between February 13 and March 13, 2008
- The average sold price was $165,173 (Highest – $268,040 Lowest – $35,000)
- Days on the market (DOM) of the 6 homes that sold averaged 71 days (Highest sold – 141 DOM Lowest sold – 27 DOM)
At this time it would take approximately 14.33 months to absorb the current group of homes for sale in Wheatfield NY. We are clearly in a buyer’s market in Wheatfield. I am going to repeat some advice here that I just wrote in my
If you have your home on the market and you don’t have to sell, take your home off the market! If you are currently on the market and need to sell, you need to take a long hard look at your listing price. Clearly the price you have at this time is not working for you.
Spring has sprung and more homes are going to be coming on the market in the coming weeks. Remember you need to be the best priced home in the best condition in this market. Buyers are looking for a bargin, and they are ready to pounce, only if the property is priced right. Just look at the difference between the days on the market for the highest and lowest sold homes. As a seller, you do not want to play the “Chasing the Market Down” game.
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Thinking of selling your Wheatfield NY home? Interested in finding out the current market value of your Wheatfield single family home? Then call Colleen Kulikowski at (716) 743-5297 to discuss what is happening in today’s Western New York Real Estate Market. View additional WNY Market Area Statistics here.
All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
Related Articles:
- Wheatfield NY Single Family Home Sales Market Report – February 2008
- Wheatfield Single Family Home Market Report January 2008
- Wheatfield Commercial Property For Sale
- Bergholz Volunteer Fire Department Chowder Sale in Wheatfield NY
